Crestview Partners to Acquire Accuride (ACW) for $2.58/Share
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MPG Completes Strategic Acquisition of Brillion Iron Works
September 2, 2016 9:00 AM EDTSOUTHFIELD, Mich., Sept. 2, 2016 /PRNewswire/ --Â Metaldyne Performance Group Inc. (NYSE: MPG), a leading provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, has announced the strategic acquisition of Brillion Iron Works, a business unit of Accuride Corporation (NYSE: ACW), effective September 2, 2016.
The acquisition of Brillion, Wis.-based Brillion Iron Works, which... More
Accuride Corporation Reaches Agreement to be Acquired by Crestview Partners
September 2, 2016 9:00 AM EDTCrestview to pay $2.58 per share, a premium of 55% over Accurides closing share price on September 1st, 2016 and a premium of 66% to the 30-day volume-weighted average as of the same date Transaction expected to close in fourth quarter of 2016 Supports Accurides continued focus on its core business and global expansion
EVANSVILLE, Ind.--(BUSINESS WIRE)-- Accuride Corporation (NYSE: ACW) a leading supplier of components to the North American and European commercial vehicle industries today announced that it has... More
Accuride Completes Sale of Brillion Iron Works
September 2, 2016 9:00 AM EDTSale supports Accurides focus on its core wheel and wheel-end systems businesses
EVANSVILLE, Ind.--(BUSINESS WIRE)-- Accuride Corporation (NYSE: ACW) (Accuride) a leading supplier of components to the North American and European commercial vehicle industries announced that it has sold its Brillion Iron Works (Brillion) subsidiary to a subsidiary of Metaldyne Performance Group Inc. (MPG), a leading provider of highly-engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets. Under the purchase agreement, MPG has acquired from Accuride all of... More
